Tag: Innovation

Want a Happier, Healthier, and More Prosperous Society? Try Freedom, Innovation and Incentives »

“I will promote freedom at all costs,” is the first line of the Draper University pledge. Draper University of Heroes is a school I created to encourage people with ideas and energy to pursue their visions through entrepreneurship and risktaking. For an entrepreneur, freedom matters most. The ability to try new things without government...
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The “Joy” of Entrepreneurship »

Jennifer Lawrence is up for Best Actress Oscar for her performance in Joy, a film loosely based on the entrepreneurial rise of inventor Joy Mangano. Lawrence may have a shot at the award after her Golden Globe win for Best Actress, and this would strike an important popular culture blow in favor of entrepreneurship....
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The Benefits of Intellectual Property Protection »

If there is one thing about which libertarians are never likely to agree, it is whether intellectual property—patents, copyrights, trademarks, and trade secrets—should receive the same legal protection as physical property. Without wading too deep into the philosophical debate, but showing my colors as an IP advocate, let me share some new research published...
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Marcus Welby, Where Are You? The Decline and Fall of House Calls »

I saw an interesting Tweet on Friday from Jay Parkinson, MD, one of America’s new breed of entrepreneurial physicians: “There’s a reason why house calls went out of fashion. Grossly inefficient use of very expensive doctor time + extremely limited capability.” The economist in me took umbrage at that remark, so I replied and...
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Fossil Fuels Are the Lifeblood of Modern Civilization »

“We don’t want to ‘save the planet’ from human beings; we want to improve the planet for human beings.” —Alex Epstein I never thought I would encounter a book titled The Moral Case for Fossil Fuels. After all, in this day and age, it is the politically correct and fashionable trend for activists, media,...
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FreedomFest Recap: Why Obamacare Stifles Healthcare Innovation »

I had the pleasure of speaking recently on a healthcare panel at FreedomFest in Las Vegas. Here’s a recap of my remarks on innovation and entrepreneurship in healthcare. In the 2012 book Priceless: Curing the Healthcare Crisis by Dr. John C. Goodman, my colleague at the Independent Institute, John wrote: “The ACA [Obamacare] approach...
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Let’s Hope Arizona’s New Health Law Is Contagious »

Last April, Arizona governor Doug Ducey signed a law that allows patients to order lab tests directly from a lab, without physician intermediation. The tests will be self-paid: No government nor private health plan has to pay for them. The legislation was backed by one of the most exciting diagnostic companies in the market: Theranos, founded by an...
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Net Neutrality Can Harm Your Health »

Last November, Independent institute Senior Fellow William Shughart wrote a couple of blot posts (here and here) skeptical of President Obama’s intention to impose so-called net neutrality on the Internet. The Federal Communications Commission (FCC) finally imposed net neutrality with some 300 pages of rules last February. I learned from Roslyn Layton of the...
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Do Drones Really Reduce Civilian Casualties? »

Unmanned aerial vehicles (UAVs), commonly known as “drones,” have been the subject of heated debate in recent years, especially their role in combat. Without a doubt, the number of air strikes using drones has increased at an astonishing rate. Consider that in Afghanistan, Iraq, Libya, Pakistan, Yemen, and Somalia, the U.S. government has launched...
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Patent Trolls Suffer Setback »

It is always good news to hear about a patent troll taking one on the chin. According to this article from the BBC, the U.S. Patent and Trademark Office (PTO) has invalidated parts of a patent claimed by Personal Audio. The patent at issue claimed all rights on “a system for disseminating media content representing...
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